Unlock the potential to create a high-demand income-producing property in one of New Orleans' fastest-evolving neighborhoods. Located along the vibrant Historic St. Claude Avenue corridor, this unique property offers an exceptional opportunity for investors, developers, or owner-occupants looking to convert the existing commercial layout into a spacious double or multi-family residence (subject to zoning, approvals, and permitting). The current owner has historically generated approximately $3,500 per month by leasing the spaces separately. Imagine designing two distinctive units that capture the character and energy of the surrounding Marigny, Bywater, and Tremé neighborhoods— for long-term rentals, multigenerational living, or an owner-occupied investment with rental income helping offset your mortgage. The property's generous footprint and prominent corner presence provide flexibility for a thoughtful redevelopment while preserving the artistic character that makes this corridor so desirable. A striking original mural of Mardi Gras Indian Queen Tahj serves as a memorable landmark, adding authentic New Orleans character that sets the property apart. Located just minutes from the French Quarter, Frenchmen Street, Crescent Park, and an ever-growing collection of acclaimed restaurants, cafés, galleries, and neighborhood businesses, this location continues to attract residents seeking an urban lifestyle with historic charm. Whether you're an experienced investor looking to maximize value through a residential conversion or a buyer searching for a live-in investment opportunity, this property offers the chance to create something truly special in one of New Orleans' vibrant and culturally rich neighborhoods. Bring your vision and explore the possibilities of transforming this distinctive property into a beautiful income-producing double or multi-family residence. Opportunities to reimagine properties in this sought-after corridor are increasingly rare. Buyer should verify zoning, permitted uses, and all conversion requirements with the City of New Orleans. Owner is a licensed Realtor with the Louisiana Real Estate Commission.
29 days
|
919
|
58
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
James Howell504-982-5921,
Keller Williams Realty New Orleans504-862-0100
Source: GSREIN,MLS#: 2567483
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
1/2 bathrooms: 2
Heating
Central, Window Unit
Cooling
Central Air, Window Unit(s)
Interior area
Total interior livable area: 1,858 sqft
Property
Parking
Parking features: None
Features
Levels: One
Stories: 1
Pool features: None
Lot
Size: 3,393 Square Feet
Dimensions: 29 x 117
Features: City Lot, Rectangular Lot
Details
Parcel number: 4011STCLAUDEAV
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Architectural style: Other
Property subtype: Duplex, Multi Family, Multi Family